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Thursday, December 8, 2011

My Portfolio, Dec. 8, 2011

Here's a look at my holdings as of Thursday. (You can right-click and view the image if there's a sizing problem).

It's been a while since I've updated this. Recent adds include my positions in timber trust Rayonier (RYN), auto parts maker BorgWarner (BWA), Corning glassworks (GLW), as well as additions to oilwell services company National Oilwell Varco (NOV).

Hard hits keep coming lately on stem-cell therapy developer Cytori Therapeutics (CYTX). This was not long ago a $9 stock. Now at $2.31.
But this is my speculative stock -- no profits yet, lots in development -- so I won't be looking to unload anytime soon. (Although I should have parted with some when it was up between $8 and $9.)
I may add a bit more if prices do not recover.
The question is, with this thing falling so sharply, where to buy?

Boston Beer (SAM), meanwhile, has been brewing up nice gains. So much so, that it made itself quickly back out of my comfort range for additions. I'll consider adding on a pullback.

For that matter, I'll consider adding just about anything on here on a dip.

I am considering adding a miner here, as well as adding to some of my existing postitions. I'm too fearful of gold and other precious metals, which I wrote about earlier this fall.http://stocksnovice.blogspot.com/2011/09/fool-to-buy-gold-or-fool-not-to.htmlhttp://stocksnovice.blogspot.com/2011/09/are-there-safer-safe-havens-than-gold.html

As it stands, I have Chesapeake and National-Oilwell as energy plays, Mosaic and Balchem as ag plays and Rayonier in timber.Together, they make up 26 percent of my portfolio.

The Blogger

Reporter by day. Stock portfolio manager by night. I've been at it since just before the 2008 crash. I'm still learning everyday.
This blog is where I share my triumphs and my errors. Feel free to share some of yours.